AML Investigation Senior Representative

Founded in 1963, FirstBank maintains more than $20 billion in assets and operates over 100 branch locations across Colorado, Arizona and California. Its growth can be attributed to one simple philosophy: do right by customers, communities and employees, which is at the center of the company’s “banking for good” mantra. FirstBank believes that diversity, equity, and inclusion are part of everything we do, both within and outside our company, and prides itself in hiring and training a diverse and talented group. We strive to not only maintain a diverse workforce, but also ensure our employee experience garners a sense of belonging, is inclusive and equitable. FirstBank believes that a company is nothing without the people that comprise it, and prides itself in hiring and training a diverse and talented group. By joining the FirstBank team you will experience its great team culture with ample opportunity for growth. There’s an opportunity for everyone with positions all across the company, from Teller and Call Center to Technology and Lending. Apply today to learn more and join the team!

A Brief Overview

*This is a hybrid position and will not be fully remote*

Anti-Money Laundering (AML) is an area within the bank focused on compliance with federal regulations relating to the Bank Secrecy Act (BSA), including requirements of the Office of Foreign Assets Control (OFAC) and the Financial Crimes Enforcement Network (FinCEN). The Senior Representative, AML Investigation is responsible for reviewing suspicious activity alerts and conducting investigations for the production of basic Suspicious Activity Reports (SARs). The Senior Representative will also review and complete monthly reports related to negative balances and large cash advances. In addition, this role compiles data and information and writes detailed narratives for law enforcement, and responds to branch calls concerning suspicious activity.

What you will do

• Complete Suspicious Activity Reports (SARs) on less complex cases in preparation for filing with Financial Crimes Enforcement Network (FinCEN) within regulatory timeframes
• Analyze data, compile information and write detailed narratives of suspicious activity for law enforcement
• Review account activity of Suspicious Activity Report Case Management (SARCM) alerts and submit for further investigation if needed
• Assist branch personnel in evaluating account activity and customer relationships involved in suspicious activity
• Review Office of Foreign Asset control (OFAC) alerts and compare to Specially Designated Nations (SDN) lists
• Review and complete department reports related to potential suspicious activity, on a rotational basis
• Stay abreast of trends and applicable regulatory updates
• Perform other duties and projects as assigned
• Understand and comply with all provisions of the Safety in the Workplace policy

Minimum Requirements

• Typically requires a minimum of 6 months to 1 year of related experience

Preferred Requirements

• Previous experience in banking

Knowledge, Skills, and Abilities

• Strong critical thinking and problem-solving skills
• Strong analytical and decision-making skills
• Ability to work under strict timeframes
• Effective and professional verbal and written communication skills
• Effective time management, organization, and multi-tasking skills
• Ability to work independently and as a team
• Proficiency in Microsoft Word, Excel, and Outlook
• Ability to learn and use specialized software
• Knowledge of applicable regulations

Working Conditions and Physical Requirements

• Frequently remains stationary throughout a typical business day
• Frequently operates a computer and other office machinery, such as a calculator, copy machine, and computer printer
• Occasionally moves about inside the office to access file cabinets, office machinery, and other rooms
• Occasionally positions self to access drawers and shelves of various heights
• Frequently reaches for and handles paperwork and files
• Constantly communicates with customers, coworkers, and management in-person and on the phone
• Must be able to exchange accurate information
• FirstBank does not currently offer fully remote positions, except as required by law. The actual number of in-office days that may be required will vary by business unit, role, and business need.

Salary Range

$20.00 Per Hour to $25.68 Per Hour

Statement of Benefits

FirstBank offers a suite of benefits that support our employees’ professional, fina